NOT LISTED FOR SALE

514 Spence Ave Gibsonville, NC 27249

Estimated Value: $385,578 - $455,000

3 Beds
2.5 Baths
1,968 Sq Ft
$210/Sq Ft Est. Value

Last Sold April 08, 2019

Last sale price $261,000 $133 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,547/month

19 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Porch
  • Wood Flooring
  • 1 Fireplace
  • Attached Garage

About This Home

As of April 2019

Rare Treasure In 1 Of West Alamance's Most Desirable Areas. Large Lot W/ Covered Porches On 1St/2Nd Level. Hardwoods Fill The Foyer, Dining Room, & Kit. Kitchen Features Granite Counters, Built-In Desk & Pantry Storage. Spacious Family Room W/ Wood-Burning Fp. Large Mbr Suite W/ 2 Closets, & In-Suite Bath, & Access 2Nd Porch. 2 Add'l Br & Expansive Bonus Rm Atop Garage. Recently Completed Deck On Rear Of The Home.

Last Agent to Sell the Property

SANDY SPARKS

Keller Williams Central License #264972 Listed on: 02/18/2019

Keller Williams Central

Last Buyer's Agent

Kurt Barlow

Keller Williams Central License #291760

Keller Williams Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,750

Year Built

  • 1994

Lot Details

  • 0.37 Acre Lot
  • Landscaped
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • 1 Fireplace
  • Pull Down Stairs to Attic
  • Washer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 8845236714

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,750

Year Built

1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Lot Size: 16291
  • Directions: I85/40 To Exit 140; North On University Dr; Left On Westbrook Ave; Left On Spence Ave. House Is On The Left
  • Architectural Style: Colonial
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1994
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Range, Disposal, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Attic, Built-in Features, Other, Pantry, Pull Down Attic Stairs

Exterior Features

  • Lot Features: Landscaped, Rectangular Lot
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Parking Features: Attached, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 16291.0
  • Parcel #: 8845236714
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2020
Sold by
Way Maxwell E and Kaylor Nicole L
Bought by
Way Maxwell E
Current Estimated Value
$413,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Outstanding Balance
$147,666
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$265,479

Purchase Details

Listed on
Feb 18, 2019
Closed on
Apr 5, 2019
Sold by
Rhodes David Robin and Rhodes Pamela Deloris
Bought by
Way Maxwell E and Kaylor Nicole L
Seller's Agent
SANDY SPARKS
Keller Williams Central
Buyer's Agent
Kurt Barlow
Keller Williams Central
List Price
$261,000
Sold Price
$261,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$234,900
Interest Rate
4.3%

Purchase Details

Closed on
Sep 4, 1992
Bought by
Rhodes David R and Rhodes Pamela D
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Way Maxwell E -- None Available
Way Maxwell E $261,000 Attorney
Rhodes David R $28,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Way Maxwell E $203,000
Closed Way Maxwell E $209,600
Closed Way Maxwell E $234,900
Previous Owner Rhodes Pamela D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2019 04/08/19 Sold $261,000 0.0% $133 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $261,000 -- $133 / Sq Ft
Source: Alamance Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,750 $366,239 $50,000 $316,239
2024 $3,512 $366,239 $50,000 $316,239
2023 $3,360 $366,239 $50,000 $316,239
2022 $2,537 $216,044 $45,000 $171,044
2021 $2,558 $216,044 $45,000 $171,044
2020 $2,580 $216,044 $45,000 $171,044
2019 $2,593 $216,044 $45,000 $171,044
2018 $0 $216,044 $45,000 $171,044
2017 $1,247 $216,044 $45,000 $171,044
2016 $2,599 $238,461 $45,000 $193,461
2015 $1,376 $238,461 $45,000 $193,461
2014 $1,258 $238,461 $45,000 $193,461
Source: Public Records

Agents Affiliated with this Home

  • SANDY SPARKS

    Seller's Agent in 2019

    SANDY SPARKS

    Keller Williams Central

    (336) 266-7182

    69 in this area

    333 Total Sales

    SANDY SPARKS
    Section Image

  • K

    Buyer's Agent in 2019

    Kurt Barlow

    Keller Williams Central

    (336) 266-0964

    9 in this area

    65 Total Sales

    Kurt Barlow
    Section Image
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Map

Source: Alamance Multiple Listing Service

MLS Number: 102458

APN: 107690

North Carolina Alamance County Gibsonville 27249

514 Spence Ave, Gibsonville, NC

This home is located at 514 Spence Ave, Gibsonville, NC 27249 since 18 February 2019 and is currently estimated at $413,145, approximately $209 per square foot. This property was built in 1994. 514 Spence Ave is a home located in Alamance County with nearby schools including Highland Elementary School, Western Alamance Middle School, and Western Alamance High School.

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